Popular News

President Trump wants to go further on drug prices: HHS Secretary

May 02, 2018 / www.kitco.com

(Reuters) - Health and Human Services Secretary Alex Azar on Wednesday said President Donald Trump wants to go further in lowering drug prices, an issue he campaigned on during the 2016 presidential race.“HHS is currently working with the President on a comprehensive strategy to solve these problems,” Azar said in a speech at World Health Care Congress. “We’ll be building o...Read More

Thor Mining's Mick Billing 'encouraged' with surface sampling at Bonya

May 02, 2018 / www.proactiveinvestors.co.uk

Mick Billing, chairman of Thor Mining PLC (LON:THR), tells Proactive's Andrew Scott they've had positive findings from an initial surface sampling exploration programme at the Bonya tungsten and copper project in Australia's Northern Territory.Billing describes assay results from rock chip samples taken from four of the 13 outcropping tungsten deposits that comprise the project as "encouraging".Th...Read More

Argentina agrees to steel export quota following US' Section 232 investigation

May 02, 2018 / www.metalbulletin.com

The Argentinian government has agreed to quotas on steel products exported to the United States, thus avoiding tariffs associated with the US' Section 232 investigation, according to national steel association Acero Argentino.The country agreed to limit exports of steel products to the US to 180,000 tonnes per year, based on the average of steel exports during the past three years plus an addition...Read More

NEWS UPDATE Daily LME Stock Report : Todays Inventory Report : 02/05/2018

May 02, 2018 / mcx.freetips.tips

DAILY LMETODAYS INVENTORY REPORT : 02/05/2018Aluminium down by -2500MT,Copper down by -1300MT,Lead down by -50MT,Nickel unchanged,Tin – Not Available &&Zinc down by -275MT.AFTER POST CONTENT Read More

Bombardier and Airbus unveil leaders of new CSeries partnership: memo

May 02, 2018 / www.kitco.com

MONTREAL, PARIS (Reuters) - Bombardier (BBDb.TO) and Airbus (AIR.PA) unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.Philippe Balducchi, head of performance management for Airbus Commercial Aircr...Read More

Savannah Resources reports significant increase in resource at Mina do Barroso

May 02, 2018 / www.proactiveinvestors.co.uk

David Archer, chief executive at Savannah Resources Plc (LON:SAV), caught up with Proactive's Andrew Scott in studio to talk through another significant increase in the mineral resource estimate at their Mina do Barroso lithium project in northern Portugal.Savannah's reported a 52% increase in the JORC 2012-Compliant Indicated and Inferred Mineral Resource Estimate for the project - which now stan...Read More

ASIA STEEL OUTLOOK: China's HRC exports to Vietnam likely to fall once Formosa fires up new furnace

May 02, 2018 / www.metalbulletin.com

China could be badly affected by a shrinking import market for hot-rolled coil in Vietnam once Formosa Ha Tinh Steel fires up its new blast furnace this month, market sources told Metal Bulletin this week.Formosa Ha Tinh plans to increase its mill operating rates to "high" levels once its fires up its new 4,300 cubic meter No2 blast furnace in mid-May, a source told Metal Bulletin this week."...Read More

Today Free Aluminium Call – Aluminium BUY Call 74c given at price 151 Achieved 1st Target 151.70. Made 151.70. Total profit of 0.7 x 2 lot= 1.4 Points

May 02, 2018 / mcx.freetips.tips

Today Free Aluminium Call – Aluminium BUY Call 74c given at price 151 Achieved 1st Target 151.70. Made 151.70. Total profit of 0.7 x 2 lot = 1.4 PointsTIPS ID 74c : Aluminium Tips - BUY Aluminium at CMP 151 for Target 151.70 - 152.40 with SL below price 150.10AFTER POST CONTENT Read More

Oil steady; surprise U.S. crude build seen focused on West Coast

May 02, 2018 / www.kitco.com

NEW YORK (Reuters) - Oil prices were flat on Wednesday, with U.S. crude up slightly as the market shrugged off a surprise build in U.S. crude inventories because the move was largely concentrated on the U.S. West Coast.Crude stockpiles posted a surprise build of 6.2 million barrels in the week, according to the U.S. Energy Information Administration. [EIA/S]. Nearly 5 million barrels were concentr...Read More

FREE MCX TIPS Zinc Intraday – BUY Zinc at CMP 207.50 Add more at price 206.60 with SL 206 for Target 209 – 209.90

May 02, 2018 / mcx.freetips.tips

Zinc Intraday – BUY Zinc at CMP 207.50 Add more at price 206.60 with SL 206 for Target 209 – 209.90AFTER POST CONTENT Read More

Trump claims immunity, asks court to toss foreign payments suit

May 02, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump has again asked a U.S. court to dismiss a suit accusing him of flouting constitutional safeguards against corruption by refusing to separate himself from his business empire while in office, claiming “absolute immunity.”The lawsuit, filed by the state of Maryland and the District of Columbia, accused Trump of violating the U.S. Constitution...Read More

Cobalt prices end nearly seven-month rally

May 02, 2018 / www.metalbulletin.com

Cobalt prices fell on Wednesday May 2 for the first time since October, with the potential bullish impact of legal action against Glencore by Dan Gertler insufficient to offset greater competition to secure spot sales in the immediate term. Metal Bulletin assessed low-grade cobalt prices at $43.50-44.25 per lb in-warehouse on Wednesday, down 0.5% from $43.70-44.45 per lb previously. High...Read More

FREE MCX TIPS Tips for nickel – SELL nickel if price below 924 (CMP 927.50) for Target 916 – 911 with SL Above price 931.5

May 02, 2018 / mcx.freetips.tips

Tips for nickel – SELL nickel if price below 924 (CMP 927.50) for Target 916 – 911 with SL Above price 931.5AFTER POST CONTENT Read More

Buffett draws them in even as Berkshire comes up short

May 02, 2018 / www.kitco.com

(Reuters) - He thinks of himself as a teacher, and to many he is an icon. But to Wall Street, Warren Buffett is something quite different.A disappointment.Tens of thousands of Berkshire Hathaway Inc (BRKa.N) shareholders and fans may think otherwise as they flock to Omaha, Nebraska, this weekend to see Buffett, 87, and his longtime partner and fellow billionaire Charlie Munger, 94.The weekend will...Read More

Tech shares bask in Apple glow despite Fed trepidation

May 02, 2018 / www.kitco.com

LONDON (Reuters) - Forecast-beating results from the world’s biggest company, Apple, lifted tech shares on Wednesday, putting Wall Street on track for a firmer session despite some trepidation over a Fed meeting later in the day.Expectations the U.S. Federal Reserve will signal more policy tightening ahead kept investors wary of big market moves, especially after currency markets were roiled...Read More

EUROPE CRC: Domestic prices stable as market awaits developments

May 02, 2018 / www.metalbulletin.com

Domestic prices for cold-rolled coil (CRC) in Europe have been largely stable over the past week, sources told Metal Bulletin on Wednesday April 25.The market has been in "wait-and-see" mode with participants waiting for a final decision from the United States about its Section 232 import tariffs and an expected announcement arising from a safeguard case in the EU, sources said."There is a little...Read More

FREE MCX TIPS Aluminium Tips – BUY Aluminium at CMP 151 for Target 151.70 – 152.40 with SL below price 150.10

May 02, 2018 / mcx.freetips.tips

Aluminium Tips – BUY Aluminium at CMP 151 for Target 151.70 – 152.40 with SL below price 150.10AFTER POST CONTENT Read More

EU proposes jump in crisis funding as U.S. steps back

May 02, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Union on Wednesday proposed a 26 percent rise in its foreign aid budget to 123 billion euros ($148 billion) and far larger defense spending for 2021-2027, as the bloc seeks to deepen its global influence while the United States pulls back.From Mexico to Myanmar, the economically powerful bloc’s foreign aid and development budget is a large part of the &ldquo...Read More

Beneficiaries: Careful what you decide

May 02, 2018 / dailyreckoning.com

I've written about the importance of having a will before. But not everything you own is controlled by a will when you die.Some of your most valuable assets, for example, life insurance benefits, employer-sponsored retirement plans, IRAs, and annuities allow you to name a beneficiary. And that designation overrides what you have in your will.Naming a beneficiary on your retirement plan documents o...Read More

LIVE FUTURES REPORT 02/05: LME aluminium prices close 2.6% higher, nickel rebounds

May 02, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange were split at the close of trading on Wednesday May 2, with aluminium and nickel prices climbing more than 2%. Aluminium's three-month price made the largest gains over the afternoon, reaching a high of $2,330 per tonne and closing 2.6% higher. Despite continued volatility, the price has held above $2,200 per tonne.News today of the United States' extension...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok